Comcast To Sell, Spin Off Subscribers In Charter Deal

Cable TV leader Comcast (CMCSA) will sell, swap, and spin off subscribers in a complex deal with Charter Communications (CHTR) that would make Charter the No. 2 cable TV firm. The moves are designed to ease some regulatory hurdles to Comcast's proposed acquisition of Time Warner Cable (TWC), which is now the No. 2 cable firm. The Comcast-Charter transaction is valued at about $20 billion. Comcast ...

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